HC Deb 21 June 1966 vol 730 c51W
Mr. Mapp

asked the Minister of Public Building and Works if he will make a statement on the financial consequences of the proposed Selective Employment Tax to builders with fixed price forward contracts with local authorities.

Mr. Prentice

Precise information is not available. It is estimated, however, that if there were no compensating increases in productivity, the extra cost due to the Selective Employment Tax, on contracts placed by local authorities on their own behalf prior to the Budget, would be about £4,000,000.